By TradingView
Publication Date: 2026-05-16 07:14:00
- NVIDIA entered a five-year AI cloud agreement with IREN valued at about $3.4 billion, and under the deal NVIDIA received a five-year warrant to purchase up to 30 million IREN shares at $70 per share.1
- Nvidia cleared U.S. export approval for H200 AI chips to China; Beijing approval and orders remain pending. Shares fell ~2.4% premarket to about $230. CEO Jensen Huang attended a Beijing summit.2
- NVIDIA (NVDA) reports Q3 earnings after the close Wednesday. Traders note heightened options volume and volatility ahead of the release, signaling increased short-term interest in NVDA shares.3
- NVIDIA heads into fiscal Q1 2026 earnings with street forecasting about $78.5B total revenue and roughly $72.8B from data center sales, driven by AI accelerator and GPU demand.4
- TD Cowen reaffirmed Buy on NVIDIA (NVDA) and raised its 12‑month price target to $275 from $235, a $40 increase — key for traders tracking NVDA upside and price guidance5
- NVIDIA shares jumped on rising AI spending bets, reports of a possible China chip-sales deal, and disclosure that Trump’s trust bought NVIDIA-linked securities in Q1.6
- Investor…
